Episode03PPTSlidesVideo - Episode 3 Supply Chain Planning...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
Episode 3 Supply Chain Planning
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Supply Chain Planning What do we try to predict? Why? Why do we need to plan? 2
Background image of page 2
Part 1 Foundation Concepts
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Planning – What is it? Business planning the process of setting goals, developing strategies, and outlining tasks and schedules to accomplish the goals. Supply chain planning the scheduling and coordination of supply chain processes the process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand. Goals Process Execution Planning Strategy
Background image of page 4
Why is planning an important supply chain issue? Drives and stabilizes supply chain processes Helps organization foresee and respond to change Allows managers to plan to better control waste, inefficiency and conflicts, and avoid “fire-fighting” Reduces the need for “just-in-case” slack resources to meet uncertain demand
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Supply Chain Planning – what types exist? Today 3 Months 1 year 5 years Planning Horizon Short-range plans Job assignments Ordering Job scheduling Dispatching Intermediate-range plans Setting employment, inventory, subcontracting levels Analyzing operating plans Long-range plans New product plans Capital expenses Facility location, expansion Responsible: Operations Responsible: Operations managers Responsible: Top executives
Background image of page 6
Supply Chain Planning: what is our focus? Production Planning Demand Planning Capacity Planning T I M E H O R I Z O N Longer Shorter D E T A I L L E V E L General Specific Scheduling & Sequencing
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Supply chain planning – why is it difficult? Customer Demands Meeting ever growing customer service and quality requirements Operating Costs Rising material costs and stagnant prices Customization Need Aligning products to changing market requirements Short, Shrinking Lifecycles Emerging Global Competitors Economic Instability Demand variation Raw Materials, Components Value-Added Transformation Finished Goods
Background image of page 8
Supply chain planning – what are the trends? Within firms
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 29

Episode03PPTSlidesVideo - Episode 3 Supply Chain Planning...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online